Agricultural Development Bank of China (ADBC)
Established in 1994 with a registered capital of RMB57 billion, the Agricultural Development Bank of China (“ADBC”or the “Bank”) is the only agricultural policy bank in China under the direct leadership of the State Council. Our mission is to raise funds through market based on national credit, and act as a strategic pillar of the country in supporting the development of agriculture, rural areas, and farmers. Our aim is to build an agricultural policy bank with a specified position, well-performed functions, clearly-defined business lines, adequate capital, sound management, strict internal control, safe operation, quality service and sustainable development. Currently, ADBC has a total of 31 provincial-level branches, 339 second-level branches and 1,816 county-level sub-branches with a staff of more than 50,000 and a service network covering the whole country.
In 2017, ADBC underwent a stable growth of its asset size, continued to increase its credit investment, achieved a steady increase of low-cost deposits, recorded higher year-on-year debt issuance costs, maintained the quality of assets at a satisfactory level, and saw steady growth in net profit.See more